HRA/EDA Meeting - September 21st, 2026

The City of Richfield Housing and Redevelopment Authority (HRA) held a meeting on September 21, 2026, focusing primarily on updates to the city's inclusionary housing policy (IHP) and affordable housing initiatives. Public comments strongly supported maintaining or strengthening the IHP, emphasizing the importance of affordable and accessible housing, with opposition to increasing the minimum project size threshold that triggers IHP requirements. The HRA discussed a resolution to authorize $80,000 in funding from the affordable housing trust fund to Twin Cities Habitat for Humanity for the acquisition, rehabilitation, and resale of a home to income-qualified buyers, ensuring long-term affordability. The HRA ultimately approved an update to the IHP extending the affordability period from 15 to 20 years for both rental and owner-occupied housing, while retaining the minimum project size at five units to encourage smaller developments. The updated policy will proceed to the City Council for further consideration. No other presentations or consent items were addressed during the meeting.